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Technology Stocks : Inktomi (INKT) -- Ignore unavailable to you. Want to Upgrade?

To: Craig A who wrote (709)	1/14/1999 7:43:00 PM
From: Millionairess	Respond to of 1945

hello everyone, great e/r for inkt - i've got a conference call number that i will try later so i hope it's right: 888 203 1112 #598224 GO INKT!

To: Craig A who wrote (709)	1/14/1999 10:24:00 PM
From: LLCoolG	Respond to of 1945

Craig, The reason for this is that some moronic simpletons whom use e-trading have not figured out what market orders really are. MM's fill market orders wherever. Have you noticed how the internet stocks open very high or very low and almost immediately correct? For example, stocks opened very low on Wednesday. We placed a market buy right after the market opened at 40 on a particular stock, not really a common internet stock. By 1015, it still was ot filled, and the bid was 60. We cancelled the order, but it illustrates the problem with these market orders. Sure, you get the cheap trades, but you pay a premium because you pay more for the shares. This has been pummeling the ignorant folks whom place market orders at night for the open the next day. Conversely, it killed some potential profit takers on Wednesday morning. This is how Waterhouse and other e-trading firms will keep clients and avoid lawsuits. The whole thing stinks--the MMs have really abused things. E-trading still has a long way to go before it can compete with discount and full-service personal brokers. I think e-trading works for NYSE and blue-chip NASDAQ stocks, or for longer-term players, but not for frequent traders, especially on volatile issues. Regards, G